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Sparke Helmore should face higher damages bill for negligence, developer says
A NSW developer says law firm Sparke Helmore should face a heftier damages bill for its negligence in failing to alert it to an imminent deadline in two land sale contracts worth a combined $1.5 million that were part of a troubled $30 million development.
AGL dodges green shareholder’s challenge to demerger scheme booklet
AGL Energy has defeated a green investor's challenge to its demerger scheme booklet ahead of a vote on the controversial proposal, but has been ordered to rectify a video to disclose the climate-related risks of the plan.
Seeing red: Priceline can’t trade mark signature pink
Discount pharmacy Priceline cannot trade mark the signature bright pink that adorns it shopfront signs and awnings, an IP Australia delegate has found.
Apple faces battle to protect Touch ID source code in patent stoush
Apple is “unlikely” to avoid production of the source code for its Touch ID and Face ID technology to an Australian non-practicing entity that has sued the Silicon Valley company for patent infringement, a judge has said.
ABC’s ‘fool’ claims shot down in defamation suit over ‘Putin’s Patriots’
A judge has struck out part of the ABC's defence in a lawsuit by the head of Russian motorcycle club Night Wolves over an allegedly defamatory Four Corners report.
GST class action likely to be dropped after funder bows out
The future of a class action against a Canberra property developer accused of misleading investors about GST on their apartments is in doubt after the litigation funder withdrew support for the “uneconomic” case.
‘Just a fishing expedition’: Quintis class action can’t see EY meeting docs
Shareholders bringing a class action against Quintis have lost their bid for Ernst & Young to hand over documents from two meetings with a director of the sandalwood supplier, after a judge found they did not get “within a bull’s roar” of showing the accounting firm's discovery was inadequate.
No penalty for IOOF unit RI Advice in ASIC’s novel cybersecurity case
IOOF financial advice unit RI Advice has escaped a penalty in a test case alleging cybersecurity failures, but the firm must engage an IT security company and pay the corporate regulator's legal costs.
ASX wants $3M security for costs from iSignthis after Cyprus move
The Australian Stock Exchange is seeking $3.25 million in security for costs as it defends a $464 million lawsuit brought by fintech firm iSignthis, a move spurred on by the 2021 demerger of iSignthis and ISX Financial EU.
More clinics to be pulled into Monash IVF class action over embryo destruction
Six more fertility clinics in states across the country are set to be pulled into a class action against Monash IVF on behalf of hundreds of men and women demanding damages for the alleged destruction of potentially viable embryos.